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DeFi Protocol Ethena (ENA) Rolls Out USDtb Stablecoin Backed by BlackRock’s Tokenized RWA

Purple-hot decentralized finance (DeFi) challenge Ethena mentioned Monday it's rolling out its new stablecoin that goals to assist stabilize the protocol's flagship USDe...

Ethena Labs’ USDe Stablecoin Divides Opinion as High Staking Yields Stir Memories of Terra’s Demise

In contrast to asset-backed stablecoins like tether (USDT) and USDC, whose worth is secured towards {dollars} or dollar-equivalents similar to U.S. authorities debt,...

DeFi Project Ethena Labs’ ENA Token Starts Trading at 64 Cents

The USDe token, which is known as a “synthetic dollar,” presents yields to traders by pairing ether liquid staking tokens with brief ether...

Stablecoin Project Ethena Labs Bags $4M for USDe Treasury

The stablecoin earns yield by shorting ether futures and capturing funding charges - which have surged up to now two weeks.

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